Stephen, Frank H., 1946-

Law and development : an institutional critique / Frank H. Stephen, Emeritus Professor of Regulation, School of Law, University of Manchester, UK. - ix, 187 pages : illustrations ; 25 cm. - Advances in new institutional analysis . - Advances in new institutional analysis. .

Includes bibliographical references (pages 163-175) and index.

This book draws on the analytical framework of New Institutional Economics (NIE) to critically examine the role which law and the legal system play in economic development. Analytical concepts from NIE are used to assess policies which have been supported by multilateral development organisations including securing private property rights, reform of the legal system and financial development. The importance of culture in shaping the legal environment, which in turn influences financial sector development, is also assessed using Oliver Williamson's 'levels of social analysis' framework.

1784718203 9781784718206 (cased)

2017950447


Law and economic development.
Economic development--Government policy.
Institutional economics.
Economic development--Government policy.
Institutional economics.
Law and economic development.

K3820 / STE 2018